The same way as other normal Bank Armored cars collecting and delivering currencies from Bank and ATM's. like BRINKS Armored vans or container trucking transportation with heavy security guards I guest.

I don't think its simple. Ex: If you have 10 tons of gold, will you trust an armored van to deliver it to your destination? I'll bet on the first kilometer of travel alone , your gold is gone or hijacked. And you want to call the help of the police?...of course they are lighting speed to respond in few seconds only they are already at the crime scene. Wonder how they were able to respond very quick at the crime scene? bcoz they are the one who took it !!!... hehehe

Janner,even a poor illiterate farmer can be quite good with money, he has to manage his farm and produce somehow.......of course he may know how to manage a few bucks, but re banking and stuff...he will face a tough battle against a banker.

once the transaction is complete the money is in the Farmers account, and with a passbook. so it would be hard for a bank manager to forge his signature on the withdrawal slip and or get hold of the passbook.Difficult to forge a signature on withdrawal slip and passbook? hello we are in the Philippines, we can even forge or make fake passport...or even an FRN that look like original....how much more if its only a simple withdrawal slip/passbook. We can even change/fake the result of national election here, thats why we have a bogus President right now. By (Dagdag /bawas) adding millions of votes to a presidentiable. If you have a money everything here in Phil. can be forge or fake...Only in the Phil .

and once the money is in the account, deposited by the buyer, "not the bank manager", the Farmer no longer has to declare where the money came from....only a court order can read the bank files, not the police....If the bank manager took his money, How the farmer will gonna complain/declare if he will not tell the police that he lost 100 millions of pesos? Asking where his money come from, from gold? the more his balls will be squeeze.

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t_hunter44

Assuming we pass thru that 3 bars testing or assay test and stuff. We brought the buyer group, assayer and his bodyguards to our treasure cave for inventory and stuff. The buyer will now take possession the treasure cave areas....and he gave us Gold Certificate or bank docs abroad, as proof of payment.

What if those bank docs you are holding suddenly will be cancelled just like Marcos cronies bank docs....you are holding a bank docs as souvenir? while your physical treasure is being feasted by the buyer. Di kaya nalugi tayo dyan?

Gboy, I double checked my previous posting and I did not say you will be paid by a Gold Certificate, I said "each gold bar will be assayed and each will have a Certificate of Authenticity. Please read my previous post again.

okey...3 gold bars have been assayed and given Cert. of Authenticity.......Assuming the au holder had still 10,000 pcs gold bars on his stockpile (nakakatulo laway )....what next...give each bar Cert of Authenticity also....then what next?

Then you go to Singapore, Malaysia, Switzerland or even the US to name a few ,to pick up the money and open an account, with different Off-shore Banks, if you are smart. Banks are known to fail.

And so...you expect some native au holders to be given GBC's....in exchange for their gold bars...and tell them, okey guys see you abroad Ganun? Do you think the foriegn bankers would be shock to see some Aetas or Dumagats claiming abroad $millions worth of GBC? ...or khit pinoy na...di ba shocking yon?